Everyone who made money! Are you ready for tax season? [Masami Uchida]

Masami Uchida Profile

She joined Radio Nippon in 1998. She handled stock information programs such as “Economic Information Network” and “Tokyo Stock Market Live Commentary,” and later became a freelancer. Currently, in addition to serving as a program host for Radio Nippon and Nikkei CNBC, she is active in various fields, such as writing articles for multiple media outlets. In November 2017, she published her first book, “FX Billionaire Trader! The 7 Winners’ Mindset and Methods Revealed.”

＜Currently Appearing Programs on Radio Nippon＞The Money (Mon-Fri 15:10-16:00, hosted Mondays), Investment Strategy Radio: Spark of Ideas (Tuesdays 14:30-15:00), Signal Trade Factory (Tuesdays 16:00-16:30), The Smart Trader PLUS (Thursdays 16:00-16:30), Night Trade (Fridays 21:30-22:30, biweekly)＜Currently Appearing Programs on Nikkei CNBC＞Night Express (Mon-Fri 21:00-22:40, hosted Thursdays), Real Estate Investment Lab (20:15-20:45, Friday and others)＜Current magazines and sites she is contributing to＞“Forbes JAPAN” (Linkages), “Toyo Keizai Online” (Toyo Keizai Inc.), “All About (FX Guide)” (All About)

Markets with small price movement can also be profitable

Hello to all readers. I am Masami Uchida, an economic program announcer and writer. Through broadcasts and interviews, I plan to share little anecdotes I’ve heard from people involved.

Now the filing season for tax returns has come again. As a freelancer, I’m confronting a year's worth of receipts. It goes without saying that FX gains and losses must be reported, but in 2019 in particular, I heard from an FX company that “the annual fluctuation range of the dollar-yen was around 8 yen, so even if you carried a loss temporarily, it often recovered; as a result, more traders posted gains than in previous years.” If that’s true, then more people are reporting profits!

When you watch charts daily, it’s easy to chase trends, but I was reminded anew that small price movements can have these kinds of effects as well.